McQueen ruffles feathers, BFC shuffle, PR for Wal-Mart, Bulgari profits fall, Price of luxury

Alexander McQueen F/W 09, courtesy of Coutorture

Alexander McQueen F/W 09, courtesy of Coutorture

McQueen Leaves Fashion in Ruins (New York Times)
“With a runway of broken mirrors surrounding a garbage heap made of props from his own past collections, Mr. McQueen created a stage to symbolize the sudden crash of luxury exuberance.”

Hilary Riva is to step down as chief executive of the British Fashion Council (Drapers)
Riva to shift roles, “as part of a management restructure initiated by chairman Harold Tillman.”

Bulgari Profits Fall 45 Percent (WWD)
Emblematic of the economy’s toll on luxury, Bulgari’s profit took a significant fall. (Subscription required)

On Style: What Is A Fair Price For Luxury? (WSJ)
“Now it’s your turn to speak up. What is a fair price for luxury – and what sort of service and quality do you expect of it?”